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Changes in Kazakh hydrocarbon field's shareholders membership

Changes in Kazakh hydrocarbon field's shareholders membership

Date: 10 January 2016 12:17

Baku, Azerbaijan, Jan.10

By Elena Kosolapova – Trend:

Kazakhstan’s “Kokel Munay” company received 50 percent of the subsoil use rights in "Bekturly Vostochnyi" in the Mangystau region of Kazakhstan, which follows from the supplement, signed to the contract between the Ministry of Energy of Kazakhstan, the Kazakh national oil and gas company "KazMunayGas" in 2015, Kazakhstan Stock Exchange (KASE) reported on its website.

The owner of the remaining 50 percent of the subsoil use rights according to this contract is Kazakh national oil and gas company "KazMunayGas".

“KazMunayGas”, “Kokel Munay” and Bekturly Energy Operation (operator of Bekturly project) also signed a package of documents on joint activities on “Bekturly Vostochnyi” project.

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